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What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. Because your home is the collateral for the loan, the amount you’ll be able to borrow is related to its current market value.

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Create your debt freedom plan

Family Balance Sheet

Stressed out, we ventured into Dave Ramsey’s online Financial Peace University home course for help. Prior to FPU, we thought we were doing well financially and never considered that we had too much debt. But Dave Ramsey’s view of debt is very different. But Dave Ramsey’s view of debt is very different. A student loan?

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